- Management reiterated multiple times that current cash levels are sufficient for its operating and capital needs for its huge growth trajectory from its current pipeline of projects.
- Li-Cycle's operational targets are on track as its Arizona spoke with the next generation spoke innovation becomes commercial and its pipeline continues to progress well.
- There are huge industry tailwinds driving Li-Cycle's growth as battery producers and electric vehicle manufacturers increasingly value battery recycling.
- Two huge commercial partnerships with Glencore and LG Chem to pave the way for future success.
- My price target for Li-Cycle is $16.30, implying an upside potential of 118% from current levels.
For further details see:
Li-Cycle: Leading EV Battery Recycler Brings Generational Buying Opportunity